The Schwab US Dividend Equity (SCHD) ETF has remained in a tight range this year as investors rotated from growth stocks to value ones as risks rose. The SCHD ETF was trading at $28 on Monday, a few points above the year-to-date low of $26.6. This article explains the top…
The venture capital (VC) industry has started the year well, with OpenAI breaking a record this week when it raised $40 billion on Monday. Other companies like Elon Musk’s xAI and Anthropic have continued to do well. This article ranks the biggest VC-funded companies in 2025.Biggest US VC-funded companies in…
Celsius Holdings Inc (NASDAQ: CELH) rallied as much as 10% on Monday after a Truist analyst said the company’s focus on women as a target market could unlock significant upside in its share price.In a research note, the investment firm upgraded CELH this morning to “buy”.Its analyst Bill Chappell upwardly…
Shell plc has successfully finalised the sale of its Singapore refinery and associated refining assets to a joint venture formed by Chandra Asri and Glencore, according to a Reuters report. This transaction marks a significant shift in ownership for the refinery and its assets.Acquisition and transition of refinery ownershipIn addition to…
The Dow Jones Index crashed by almost 7% from its highest level this year as concerns about the US economy continued. The main concerns were the potential artificial intelligence (AI) bubble and Donald Trump’s Liberation Day tariffs. This article looks at some of the top laggards Dow Jones stocks in…
BYD posted a strong start to 2025, with first-quarter sales surging 58% year-on-year to 986,098 passenger vehicles. In March alone, BYD delivered 371,419 passenger cars, including 166,109 battery EVs and 205,310 plug-in hybrids.The company set a new record for overseas sales in March, delivering 72,723 vehicles, a YoY increase of…
CoreWeave’s stock tumbled nearly 10% on Monday, slipping well below its initial public offering price, a sign of investor caution toward the stock in a market reeling under economic uncertainties.The artificial intelligence cloud provider had priced its shares at $40, but the stock opened slightly lower at $39 during its…
Biotech investors are grappling with fresh uncertainty following the abrupt resignation of Dr. Peter Marks, a key figure in the US Food and Drug Administration. Marks, who was instrumental in Operation Warp Speed and known for championing fast-tracked drug approvals, announced his departure on Friday, citing fundamental disagreements with Health…
Rocket Companies (NYSE: RKT) has announced the acquisition of Mr. Cooper in an all-stock transaction valued at $9.4 billion. The deal comes just weeks after Rocket’s acquisition of real estate listing company Redfin, signaling an aggressive expansion strategy.Shares of Mr. Cooper surged more than 27% pre-market following the announcement. On…
Investors were nervous about US President Donald Trump’s tariff plans, which caused the S&P 500 to fall on Monday and enter correction territory. However, the index recovered its losses from earlier in the day and was trading flat. At the time of writing, the S&P 500 index was largely unchanged, while the…